AI-Driven Identity Fraud Surges Across Africa as Traditional Scams Decline

AI-Driven Identity Fraud Surges Across Africa as Traditional Scams Decline 

A new Q1 2025 Identity Fraud Report by global verification platform Sumsub reveals a dramatic shift in the fraud landscape across Africa. While traditional scams such as document forgery are sharply declining, synthetic identity fraud, fuelled by AI-generated credentials, is rapidly on the rise.

Brazil’s Méliuz Raises $32.4 Million in Share Offering to Buy Bitcoin

Brazil’s Méliuz Raises $32.4 Million in Share Offering to Buy Bitcoin

Méliuz, a leading Brazilian fintech company, has successfully raised R$180.08 million ($32.39 million USD) in a follow-on share offering, according to a securities filing on Friday. The capital raise is intended to fund additional Bitcoin purchases as part of the company’s crypto treasury strategy.

Google Resolves Global Service Outage Impacting Gmail, Spotify, Discord, and More

Google Resolves Global Service Outage Impacting Gmail, Spotify, Discord, and More

Google confirmed on Thursday that it has resolved a global service disruption that temporarily affected a wide range of its services, including Gmail, Google Meet, Google Drive, and Google Calendar. The outage also disrupted third-party platforms such as Spotify, Discord, and Snapchat, which rely on Google Cloud’s infrastructure.

Nvidia Drops China From Revenue Forecasts Amid U.S. Export Controls

Nvidia Drops China From Revenue Forecasts Amid U.S. Export Controls

Nvidia will no longer include China in its revenue and profit forecasts due to ongoing U.S. export controls on advanced chip sales to the region, CEO Jensen Huang confirmed during a CNN interview on Thursday. The move signals a major shift in strategy as Nvidia adapts to geopolitical tensions and stricter trade compliance.

Micron Expands U.S. Investment by $30 Billion Amid Trump’s Onshoring Push

Micron Expands U.S. Investment by $30 Billion Amid Trump’s Onshoring Push

Micron Technology announced on Thursday that it is increasing its U.S. investment by $30 billion, bringing its total planned U.S. spending to $200 billion. The move comes in response to growing political pressure from President Donald Trump, who has ramped up his onshoring efforts and tariff threats on semiconductor imports to boost domestic manufacturing.

Coinbase to Launch CFTC-Compliant Perpetual Futures Trading in the U.S.

Coinbase to Launch CFTC-Compliant Perpetual Futures Trading in the U.S.

Coinbase, one of the leading cryptocurrency exchanges in the world, has announced plans to launch CFTC-compliant perpetual futures trading in the United States. The upcoming service aims to provide U.S.-based traders with access to sophisticated crypto derivatives under full regulatory compliance with the Commodity Futures Trading Commission (CFTC).

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